Ericsson guts Italian network operations with 130 jobs lost
Genoa office loses entire Business Area Networks unit in major R&D blow
News - Business Operations, Ericsson
The latest news from the AI, data center, telco, chip, and cloud sector
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ChipAgents raises additional $60m in expanded Series A round to support AI chip design platform
Startup claims more than 120 chip companies have already deployed its platform
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Ericsson sales drop again as component costs and network ‘pressure’ bite
Departing CEO Börje Ekholm warns rising component costs could see the vendor ‘pursue internal measures’ after laying off 1,600 staff
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Ericsson names David Hammarwall as head of business area networks
Hammarwall will replace Ericsson's new CEO Per Narvinger in the role
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Apple scales out 6G ambitions with engineer job listings
Tech giant's moves follow recent MWC partnership with Ericsson
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Ericsson hit by North America telecom slowdown, geopolitical instability
And it does not expect to be a near-term player in the AI and data center party
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Ericsson closes year with strong Q4, warns that RAN market will remain flat in 2026
As CEO says, further job cuts will come in the future
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Ericsson outlines plans to cut 1,600 jobs in Sweden
Says the move will enable the company to remain competitive
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EU officials exploring potential Huawei, ZTE network ban - report
Member states could face fines if they fail to strip out ‘high-risk vendor’ equipment
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Bahrain’s Beyon launches data center, expands solar park
Company also partners with Oracle for local cloud
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ChipAgents raises $21m to support development of AI chip design platform
Has added former Siemens, Synopsys, and Cadence execs to its advisory board
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Ericsson reports mixed third quarter amid "flat" RAN market
A slump in the Americas hasn't helped, says vendor
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Ericsson restructures Spanish subsidiary, CEO departs
It's part of a wider organization restructure
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Ericsson to cut 300 jobs in Spain - report
Wants to create operational efficiencies
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Ericsson reports mixed Q2 as North American market offers optimism
But US tariffs could pose further headaches
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Ericsson India sells its small stake in Vodafone Idea
Nokia recently sold its stake in Vodafone Idea
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Nvidia partners with Swedish Business Consortium for GB300 supercomputer
Chipmaker will also establish AI technology center in the country
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Ericsson to create 300 jobs in Japan, commits to R&D investment
The RAN-focused investment will look at 5G and 6G opportunities
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Ericsson CEO faces uncertain future at the helm of vendor - report
Swedish media reports have suggested CEO Börje Ekholm could be heading for exit
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Ericsson's head of networks Fredrik Jejdling to depart as part of reshuffle
Per Narvinger will replace Jejdling from next month
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Ericsson upbeat as strong 5G demand drives North American market back to growth
Sales in North America jumped by 55 percent YoY
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EU urged to encourage telecoms mergers by former Italian PM Draghi
The Euro-bloc has traditionally been very tough on potential mergers
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Ericsson sells iconectiv to Koch Equity for $1bn
Expects deal to complete next year
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Ericsson CEO takes blame for Vonage blunder
Company has booked two impairment charges since acquisition in 2022
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Ericsson to book $1.1bn impairment charge because of Vonage acquisition
The vendor acquired the cloud provider two years ago
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Vodafone Idea to issue shares worth $294m to Nokia and Ericsson
Will use the money to pay its dues
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Ericsson to invest additional $50m into 5G factory in Texas
Will serve as part of its plans to push Open RAN networks in the US
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Ericsson Q1 sales drop 14 percent due to declining networks business
Customer spending will increase later this year, vendor claims